Roomorama and Bridge Rentals shut down

Roomorama, a B2C vacation rental platform based in Singapore, has stopped taking new bookings and is blaming “increased competition and regulatory headwinds” for the decision.

Its dedicated B2B operation Bridge Rental has also ceased operations at this time, according to a spokesperson.

Existing Roomorama bookings will be met, a statement said.

The business has been around since 2009. In 2012 it merged with European rival Loftly and raised $2.1m seed funding. It has not raised any more cash since then.

More recently, Roomorama launched the dedicated B2B business Bridge Rentals and appointed Nina Kubik-Cheng as its new managing director with the brief to expand the B2B operations.

Bridge has a distribution deal with Ctrip while Roomorama shared its inventory with Tujia and HomeAway.

Roomorama claimed to have access to 300,000 properties.

 

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Martin Cowen

About the Writer :: Martin Cowen

Martin Cowen is contributing editor for Tnooz and is based in the UK. Besides reporting and editing, he also oversees our sponsored content initiative and works directly with clients to produce articles and reports.

For the past several years he has worked as a freelance writer, specialising in B2B distribution and technology.

Before freelancing, from 2000-2008, he was launch editor for e-tid.com, the first online-only B2B daily news service for the UK travel sector.

 

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  1. Peter

    From a supplier side, nobody seems to be reachable any more and they are not making payments any more. Can’t get in touch with Nina either, e-mail inbox down. Anybody now how to claim the $$$?

     
 
 

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